After the weakening of the upward trend, gold is undergoing a short-term correction, the price is expected to fall to the designated areas and then it can start its next upward movement.
In the time of 5 minutes, according to the chart above, you can enter a short position at the price levels of 2021.72 and 2020.33, and in the continuation of the downward trend, you can enter a short position with the price targets of 2011.67 after breaking the price floor of 2016.
According to the downward trend formed in the price of gold, lower sides can be determined according to the chart above and long and short positions can be applied at the bottom and ceiling of the channel until the price reaches the bottom of 1982.
Gold is approaching a very important bearish area. You can enter a sell position in the specified area.
In 1 hour, we will see the price rise to the desired area
Last week, after its correction, it approached the downward trend line, and we can expect a downward trend in the price again in the coming week. In the coming week, the last bullish candle will probably be recorded on the first day, and the price will fall in the rest of the week.
With capital management, you can enter the buy position up to the specified area
Bitcoin has the potential for a short-term correction of up to 45,000 If we see upward movements in Bitcoin, we can expect the price to rise to the 52000 area, which is a very important resistance level for the price, and if the price stabilizes above the 52000 area, we can say that Bitcoin has entered another uptrend cycle.
The presence of fatigue in the price movement is quite evident and is approaching important areas where we can see a downward movement in the price.
Unfortunately, due to the tensions created, Bitcoin is in a state of turmoil. Currently, due to the high power of sellers, in any short-term upward ascent, there is an opportunity to sell and open a short position. With the price pullback to the specified level, you can enter the short position.
Gold is approaching the important resistance area and the position can be sold
Important area for gold - the opportunity to take a short position
The price downtrend is very strong and it is expected that the price will be able to break the support trend line in front of it, which in case of failure can enter the short position in 5 minutes by seeing a confirmatory downtrend. 3 motion modes are predictable for the price. Note that the reason for our entry into the transaction is to see a confirmation candle !!!!
The price can continue to rise after a short correction. The first important area against the uptrend is the 1.27800 price area. In the price correction, after observing the bullish candle, one can enter the long position.
There is a very strong resistance area in front of the price that can bring the price down for a short time. We wait for the bearish confirmation candle in this area and then enter the bearish position.
The price is in the critical area If he can break the resistance, he can be expected to advance to the first target. But if it breaks its support from the bottom, we can expect the price to fall to 40,500 to 41,000. But in general, the downward power of the price is more obvious and one can expect a short-term decline considering the negative news of the...
If you see the weakness of candlesticks in the specified area and see an upward confirmation candlestick, you can expect price growth. You can consider your entry point in 5 minutes.
The price has reached a critical level in a pullback move. If it can move upwards from this area with a confirmation candle, we can expect a good uptrend in the price range of 49,000 to 52,000. We have to wait for the price reaction to this area !!!